June 17, 2009

The taxman must do better than create a cartel

Sir Matti Vanhanen is clearly being responsible with his “Europe will need to raise taxes in harmony” June 17 and he should be lauded for not ignoring the need for higher taxes to pay for the mess, and so that we do not have to pay it all through inflation. Having said that though, as a taxpayer I would beg that the search for new, better and more credible taxes adjusted to the realities of a global economy should be the driving force of increased fiscal revenues, and not the creation of a global taxmen cartel… or do we also need a global coalition of taxpaying citizens?